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2022
Exports $559kWorld Rnk 76 / 149
Flag Rnk 337 / 1017
2022
Destination $308k United States
2021 - 2022
FASTEST GROWING MARKET $308kUnited States
2022
PRODUCT COMPLEXITY IN Fuel Wood-0.33Rnk 658 / 1025
2022
Imports $119kWorld Rnk 112 / 197
Flag Rnk 1008 / 1175
2022
Origin $51.7kN/A
2021 - 2022
FASTEST GROWING ORIGIN $51.7kGermany
2022
ECONOMIC COMPLEXITY of Ecuador-0.96Rnk 109 / 133

About

Exports In 2022, Ecuador exported $559k in Fuel Wood, making it the 76th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 337th most exported product in Ecuador. The main destination of Fuel Wood exports from Ecuador are: United States ($487k), Netherlands ($37.2k), Italy ($17.5k), Colombia ($13.4k), and Chile ($1.66k).

The fastest growing export markets for Fuel Wood of Ecuador between 2021 and 2022 were United States ($308k), Italy ($9.6k), and Netherlands ($5.29k).

Imports In 2022, Ecuador imported $119k in Fuel Wood, becoming the 112th largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 1008th most imported product in Ecuador. Ecuador imports Fuel Wood primarily from: N/A.

The fastest growing import markets in Fuel Wood for Ecuador between 2021 and 2022 were Germany ($51.7k), Brazil ($29.9k), and Colombia ($2.19k).

Latest Trends

November 2021

About

Overview In November 2021 Ecuador's Fuel Wood exports accounted up to $3.46k and imports accounted up to $21.3k, resulting in a negative trade balance of $17.9k. Between November 2020 and November 2021 the exports of Ecuador's   Fuel Wood have decreased by $-14.5k (-80.8%) from $18k to $3.46k, while imports increased by $19k (807%) from $2.35k to $21.3k.

Destinations In November 2021, Fuel Wood were exported mostly to , and were imported mostly from .

Growth In November 2021, the decrease in Fuel Wood's year-by-year exports was explained primarily by a decrease in exports to . In November 2021, the increase in Fuel Wood's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2020 - November 2021)$-14.5k(-80.8%)
IMPORT GROWTH (January 2020 - November 2021)$19k(807%)
MAIN DESTINATION (November 2021)

This section shows Fuel Wood's exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Fuel Wood over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$559k
IMPORTS (2022)$119k
NET TRADE (2022)$440k

In 2022, Ecuador exported $559k in Fuel Wood. The main destinations of Ecuador exports on Fuel Wood were United States ($487k), Netherlands ($37.2k), Italy ($17.5k), Colombia ($13.4k), and Chile ($1.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Ecuador WERE (2021 - 2022):
United States$308k (172%)
Italy$9.6k (121%)
Netherlands$5.29k (16.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Ecuador WERE (2021 - 2022):
China-$15.6k (-100%)
Turkey-$2.7k (-100%)
United Kingdom-$754 (-91.3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Ecuador's main exporting competitors in Fuel Wood were:
Vietnam $3.69B
United States $2.02B
Latvia $712M
In 2022, Ecuador's main importing competitors in Fuel Wood were:
China $2.64B
Japan $2.55B
United Kingdom $1.67B

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $178k
TOP IMPORT POTENTIALGermany+ $27.8k

Fuel Wood’s highest export potential is United States. With an export gap of $178k.   Fuel Wood’s highest import potential is Germany with an import gap of $27.8k.

See methodology.

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